Presenso

Haifa, Israel Founded: 2015 • Age: 11 yrs Acquired By SKF
Acoustics-based condition monitoring solutions for industrial machines are provided.
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About Presenso

Presenso is a company based in Haifa (Israel) founded in 2015 was acquired by SKF in October 2019.. Presenso has raised $2 million across 2 funding rounds from investors including SKF, EDP Ventures and AfterDox. Presenso offers products and services including Predictive Maintenance, Advanced Analytics, and Data Integration. Presenso operates in a competitive market with competitors including Uptime AI, Augury, Uptake, ThingWorx and TRACTIAN, among others.

  • Headquarter Haifa, Israel
  • Sectors
    Technology
    Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Cloud, Data & Analytics Infrastructure
Industrial Goods & Manufacturing → Robotics, Automation & Smart Systems
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $2 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
    SKF

    & 4 more

  • Employee Count
    Employee Count
  • Acquired by
    SKF

    (Oct 07, 2019)

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Products & Services of Presenso

Presenso offers a comprehensive portfolio of products and services, including Predictive Maintenance, Advanced Analytics, and Data Integration. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Uses analytics to forecast equipment failures and reduce downtime.

Leverages big data for operational optimization and decision-making.

Integrates diverse sources to enhance efficiency and strategies.

Funding Insights of Presenso

Presenso has successfully raised a total of $2M across 2 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round

    (14 Jun 2016)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2019 Amount Series A - Presenso Valuation EDP Ventures
Jun, 2016 Amount Seed - Presenso Valuation AfterDox
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Presenso

Presenso has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include SKF, EDP Ventures and AfterDox. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
SeedIL Ventures is engaged in providing seed funding and support to early-stage Israeli startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Presenso

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Presenso

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Presenso Comparisons

Employees
+
Add Comparison
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Competitors of Presenso

Presenso operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Uptime AI, Augury, Uptake, ThingWorx and TRACTIAN, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of cloud based management solutions
domain founded_year HQ Location
Provider of IoT and cloud-based machine analytics and predictive maintenance solutions
domain founded_year HQ Location
Cloud-based predictive analytics platform is utilized for asset maintenance insights.
domain founded_year HQ Location
Platform to build and run applications for connected devices
domain founded_year HQ Location
Provider of industrial maintenance and reliability solutions using sensors and software
domain founded_year HQ Location
AI based platform offering predictive analytics solution
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Presenso

Frequently Asked Questions about Presenso

When was Presenso founded?

Presenso was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Presenso located?

Presenso is headquartered in Haifa, Israel. It is registered at Haifa, Haifa District, Israel.

Is Presenso a funded company?

Presenso is a funded company, having raised a total of $2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Jun 14, 2016.

What does Presenso do?

Presenso was founded in 2015 in Haifa, Israel, and operates in the industrial technology sector. Deep learning systems are utilized to analyze acoustics and big data for predicting machine failures. Operational intelligence and semantic insights about equipment conditions are delivered through cognitive software. Recommendations for solutions are generated using machine learning algorithms, focusing on maximizing machine up-time in manufacturing environments.

Who are the top competitors of Presenso?

Presenso's top competitors include UpKeep, Uptime AI and Infinite Uptime.

What products or services does Presenso offer?

Presenso offers Predictive Maintenance, Advanced Analytics, and Data Integration.

Who are Presenso's investors?

Presenso has 5 investors. Key investors include SKF, EDP Ventures, AfterDox, SeedIL Ventures, and Joule Ventures.

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